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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

29 Old Knife Ct Middle River, MD 21220

0 Beds 2 Baths 1,194 sqft Built 1990
Last updated:  Jun 30, 2018

INVESTimate

$145,029

$138K - $152K

Price Est.

$1,332

$1.2K - $1.5K

Rent Est.

$149,583  ( +3.14%)   1 YR EST. FORECAST
  
  
  

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29 Old Knife Ct PROPERTY INFO

FACTS
  • Built In 1990
  • Price/Sqft : $121.46
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,194 sqft
  • Baths : 1 Full 1 Half

29 Old Knife Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
VICTORY VILLA ELEMENTARY SCHOOL Primary Regular 360 23 6
MIDDLE RIVER MIDDLE SCHOOL Middle Regular 855 62 4
KENWOOD HIGH IB AND SPORTS SCIENCE SCHOOL High Magnet 1,728 117 4

VICTORY VILLA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 360
  • # of teachers: 23
6
GreatSchools Rating

MIDDLE RIVER MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 855
  • # of teachers: 62
4
GreatSchools Rating

KENWOOD HIGH IB AND SPORTS SCIENCE SCHOOL

  • Education Level: High
  • # of students: 1,728
  • # of teachers: 117
4
GreatSchools Rating
 

Financial Details

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Neighborhood

Middle River

  • 25,538

    POPULATION
  • 9,463

    HOUSEHOLDS
  • 56.5%

    WHITE COLLAR

Neighborhood : Middle River

HOUSEHOLDS
9,463
POPULATION

25,538

37.3%Renters
62.7%Home Owners
LABOR FORCE

 

56.5%White Collar
43.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 84% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,123 per month.

MY RENT : $1,123 MEDIAN RENT : $1,428

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 64.7%
>=$1,500 35.3%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,123 would therefore be considered affordable for annual household incomes greater than $44,920 (12 months x 3.333 x $1,123).

Rent % Affordability
Above $500 87.1%
Above $700 78.4%
Above $1,100 61.7%
Above $1,500 43.9%
Above $1,900 31.7%
HOUSEHOLD INCOME RANGE

Approximately 4,802 of households in this neighborhood have a total annual income of $44,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,123 per month.

MINIMUM INCOME RANGE : $44,920

Income % Distribution
<$20K 12.9%
$20K-$35K 15.9%
$35K-$60K 27.3%
$60K-$100K 24.8%
>=$100K 19.1%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 6.9%
10-14 mins 9.4%
15-19 mins 13.8%
20-29 mins 18.4%
30-44 mins 27.5%
45-59 mins 10.3%
>60 mins 12.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 84% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,123 per month.

MY RENT : $1,123 MEDIAN RENT : $1,428

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 64.7%
>=$1,500 35.3%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,123 would therefore be considered affordable for annual household incomes greater than $44,920 (12 months x 3.333 x $1,123).

Rent % Affordability
Above $500 87.1%
Above $700 78.4%
Above $1,100 61.7%
Above $1,500 43.9%
Above $1,900 31.7%
HOUSEHOLD INCOME RANGE

Approximately 4,802 of households in this neighborhood have a total annual income of $44,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,123 per month.

MINIMUM INCOME RANGE : $44,920

Income % Distribution
<$20K 12.9%
$20K-$35K 15.9%
$35K-$60K 27.3%
$60K-$100K 24.8%
>=$100K 19.1%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 6.9%
10-14 mins 9.4%
15-19 mins 13.8%
20-29 mins 18.4%
30-44 mins 27.5%
45-59 mins 10.3%
>60 mins 12.3%

Middle River Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.6%
Construction 7.9%
Educational Services 9.2%
Health Care & Social Assistance 16.9%
Public Administration 8.5%
Retail & Wholesale Trader 15.5%
Other 33.4%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 35% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 22.1%
15-19 6.0%
20-24 7.0%
25-44 28.2%
45-65 24.8%
66+ 11.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.9%
Healthcare 11.9%
Management, Business, & Financial 15.5%
Natural Resources Maintenance 10.8%
Production & Transportation 13.7%
Sales & Office 24.7%
Other 17.5%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.6%
High School 38.4%
Masters Degree 5.0%
Some College 21.7%
Some High School 15.4%
Other 12.0%

29 Old Knife Ct Comps

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29 Old Knife Ct, Middle River, MD 21220 is a single family home of 1,194 sqft. HomeUnion INVESTimateĀ® for 29 Old Knife Ct includes a Price Estimate of $145,029 and a Rent Estimate of $1,332. This single family home has 0 bedrooms,2 bathrooms, and was built in 1990. This property has an estimated 15 year annualized Yield of 11.02% and Total Return of 23.58%. The estimated 1 year forecast in home value for 29 Old Knife Ct is 3.14%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , BALTIMORE County , or the 21220 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2